iPower (IPW) Debt Ratio (2020 - 2025)

iPower (IPW) reported Debt Ratio of 0.04 for Q4 2025, down 54.89% on a YoY basis from 0.09 in Q4 2024, and down 18.01% quarter-over-quarter from 0.05 in Q3 2025.

iPower (IPW) Debt Ratio (2020 - 2025) Analysis & Trends

iPower has reported Debt Ratio for 6 years, with the latest figure at 0.04 in Q4 2025.

  • For the quarter ending Q4 2025, Debt Ratio fell 54.89% year-over-year to 0.04; the trailing twelve-month figure through Dec 2025 stood at 0.04 (down 54.89% YoY), and the FY2024 full-year result was 0.01, down 95.13% from the prior year.
  • Debt Ratio for Q4 2025 stood at 0.04, down from 0.05 in the prior quarter.
  • The five-year high for Debt Ratio was 0.23 in Q3 2022, with the low at 0.0 in Q3 2021.
  • Historically, Debt Ratio has averaged 0.09 across 5 years, with a median of 0.09 in 2025.
  • Annual changes were most pronounced in 2022 — Debt Ratio surged 30693.71% — and 2024, when it plunged 95.13%.
  • iPower's Debt Ratio stood at 0.15 in 2021, then advanced by 20.97% to 0.18 in 2022, then slumped by 87.14% to 0.02 in 2023, then soared by 293.01% to 0.09 in 2024, then sank by 54.89% to 0.04 in 2025.
  • The last three Debt Ratio figures came in at 0.04 (Q4 2025), 0.05 (Q3 2025), and 0.09 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 0.13
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 0.21
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn -
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn -
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 0.38
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 0.10
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn 0.04
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn 1.02
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn -
10 iPower 3.59 Mn 2.83 Mn 755,549.00 -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.04
Sep 30, 2025 0.05
Mar 31, 2025 0.09
Dec 31, 2024 0.09
Sep 30, 2024 0.07
Jun 30, 2024 0.01
Mar 31, 2024 0.12
Dec 31, 2023 0.02
Sep 30, 2023 0.12
Jun 30, 2023 0.20
Mar 31, 2023 0.16
Dec 31, 2022 0.18
Sep 30, 2022 0.23
Jun 30, 2022 0.05
Mar 31, 2022 0.02
Dec 31, 2021 0.15
Sep 30, 2021 0.00
Jun 30, 2021 0.00
Mar 31, 2021 0.14
Jun 30, 2020 0.01